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Goliath Resources Reports High-Grade Gold Discovery in British Columbia

TL;DR

McEwen Mining Inc. stands to gain from Goliath Resources' high-grade gold discovery in British Columbia, enhancing its investment portfolio with significant upside potential.

Goliath Resources' drill hole GD-24-280 revealed 8.31 g/t Au over 23 meters, indicating a substantial gold deposit in the Bonanza Zone's calc-silicate altered breccia.

The discovery of a new high-grade gold deposit by Goliath Resources could boost local economies and contribute to sustainable mining practices in British Columbia.

Goliath Resources' latest drill results unveil visible gold in 60 of 64 holes, marking a thrilling advancement in the Surebet Discovery's exploration.

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Goliath Resources Reports High-Grade Gold Discovery in British Columbia

Goliath Resources Limited has announced a significant high-grade gold discovery at the Bonanza Zone on its Golddigger Property, situated in the Golden Triangle of British Columbia. The discovery, evidenced by drill hole GD-24-280 yielding 8.31 g/t Au over 23 meters, including higher-grade intervals, represents the third distinct mineralized rock package identified at Surebet. With visible gold found in 60 out of 64 holes drilled in 2024, the potential for further expansion of the Surebet Discovery is considerable, supported by an ongoing 60,000-meter drill program.

McEwen Mining Inc., which holds a strategic equity interest in Goliath Resources, is positioned to gain from this discovery. The exploration aims to extend the known mineralization both laterally and at depth, while also targeting a deep-seated magmatic gold source, known as the 'Motherlode'. This development underscores the increasing discovery potential of the Golddigger Property and its importance for stakeholders, including McEwen Mining. For more information, visit https://ibn.fm/YocsI.

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